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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Act of 1934
July 17, 2000
Date of Report (date of earliest event reported)
BANCTEC, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-9859 75-1559633
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
2701 E. Grauwyler Road
Irving, Texas 75061
(Address of principal executive offices, including zip code)
(972) 579-6000
(Registrant's telephone number, including area code)
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ITEM 5. Other Events.
On July 17, 2000, the Registrant received an extension of a temporary
waiver dated July 15, 2000 to the Credit Agreement dated July 22, 1999, among
BancTec, Inc., several banks and other financial institutions, ABN AMRO Bank
N.V., as Co-Agent, and Chase Bank of Texas, N.A., as administrative agent and
syndication agent, collectively called "the Lenders". Under the extension, the
Lenders waive (a) any violation of any covenant set forth in Section 7.1(a),
(b), or (c) through August 16, 2000, (the "Extension Date") and (b) any Event of
Default which has occurred by virtue of such violation through the Extension
Date. Any violation, prior to the Extension Date, of any covenant set forth in
Section 7.1(a), (b), or (c) shall not be deemed an Event of Default.
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SIGNATURE
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Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BANCTEC, INC.
By: /s/ Evelyn H. Miller
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Evelyn Henry Miller
Senior Vice President and
Chief Financial Officer
Date: July 17, 2000
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